90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
How We Save (and Spend) Now

Americans have suddenly become savers – but still spend in surprising ways. We look at the new profile of how we save, spend and splurge.

Shoppers stroll through Sawgrass Mills Mall during the first day of the back-to-school sales tax holiday, Aug. 13, 2010 in Sunrise, Fla. (AP)

American saving and spending are all over the place these days.

In Biwabik, Minnesota, Alice Splawn and her husband lost two thirds of their income when he lost his job.  Now she sews her own clothes and hunts deer for dinner. Meanwhile, sales at pricey Starbucks, Apple and Mercedes Benz are rocking.

Overall, Americans are definitely saving more – from necessity or fear.  But there is glossy spending out there, too – and sometimes from the same families trying to save. 

It’s a new, mixed-up world of consumption and constraint — the new saving and spending in America.

-Tom Ashbrook

Guests:

Devin Leonard, staff writer for Bloomberg Businessweek. His recent cover story for Businessweek is The New Abnormal.

Marshal Cohen, chief industry analyst for the NPD Group. He’s author of “Buy Me! New Ways to Get Customers to Choose Your Product and Ignore the Rest.”

Christine Moorman, professor of business administration at Duke University.

John Quelch, professor of business administration at Harvard University. Watch a video of Quelch talking about consumer behavior in this recession.

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Mar 30, 2015
A stele and flowers laid in memory of the victims are placed in the area where the Germanwings jetliner crashed in the French Alps, in Le Vernet, France, Friday, March 27, 2015. The crash of Germanwings Flight 9525 into an Alpine mountain, which killed all 150 people aboard, has raised questions about the mental state of the co-pilot. (AP)

The pilot who crashed his plane in the Alps. What we know now. And what to do about pilots’ psychological health.

Mar 30, 2015
Sweet Briar College, an all-women's liberal arts college in Virginia, announced in early 2015 that it would unexpectedly close its doors at the end of the school year. (Courtesy Sweet Brian College)

Fareed Zakaria weighs the value of a liberal arts education in our technology-driven time.

RECENT
SHOWS
Mar 27, 2015
Members of  a November Project 'tribe' pause during a November 2014 workout. (Brogan Graham / Instagram)

Spring training. From easy-access yoga to outdoor exercise meet-ups, exercise plans you’ll want to do.

 
Mar 27, 2015
Rescue workers work on debris of the Germanwings jet at the crash site near Seyne-les-Alpes, France, Thursday, March 26, 2015. The co-pilot of the Germanwings jet barricaded himself in the cockpit and “intentionally” rammed the plane full speed into the French Alps, ignoring the captain’s frantic pounding on the cockpit door and the screams of terror from passengers, a prosecutor said Thursday. (AP)

The co-pilot and the plane in the Alps? Ted Cruz announces 2016 bid. Heinz buys Kraft. Our weekly news roundtable goes behind the headlines.

On Point Blog
On Point Blog
Our Week In The Web: March 27, 2015
Friday, Mar 27, 2015

More on the incessant email debate, plus some goats living their best lives and the sad allure of Manhattan’s shuttered Pommes Frites.

More »
Comment
 
Mobile Payments Offer Convenience If You Keep Your Email Safe
Thursday, Mar 26, 2015

Thinking about moving your wallet to your phone? You can! And maybe you should? But TechCrunch senior writer Josh Constine has a few things to tell you before you do.

More »
1 Comment
 
Using Technology To Get Your Kids Outside
Thursday, Mar 26, 2015

The latest and greatest — using apps to make natural exploration more fun for your kids.

More »
Comment